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Belize Annual Unemployment Rate

Belize's annual unemployment rate fell to 7% in 2024, down from 8.27% in 2023, according to World Bank. This represents a decrease of 1.27% from the previous year. Belize has annual unemployment rate higher than the global median (7.00% vs median 5.23%). Compared with the median in Americas, Belize is higher (7.00% vs regional median 6.45%) and ranks 15th out of 33 countries in Americas.

Yearly Historical Data (1991-2024)

(in %)
Year Annual Unemployment Rate (%)
2024 7%
2023 8.27%
2022 8.76%
2021 10.32%
2020 10.78%
2019 9.05%
2018 7.9%
2017 6.6%
2016 7%
2015 7.58%
2014 8.24%
2013 8.35%
2012 8.38%
2011 8.43%
2010 8.42%
2009 8.33%
2008 8.18%
2007 8.51%
2006 9.39%
2005 10.91%
2004 10.58%
2003 10.34%
2002 10.04%
2001 9.07%
2000 10.84%
1999 12.84%
1998 14.31%
1997 12.68%
1996 13.82%
1995 12.48%
1994 11.1%
1993 9.78%
1992 9.7%
1991 9.69%
Belize Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Belize's labor force that is looking for work but does not have a job.
Indicator Last Value Prior Value Period
Female Labor Force Rate 49.21% 49.18% 2024